Accession Number : AD0648649

Title :   A METHOD FOR BALANCED ALLOCATION OF RESOURCES AMONG RESEARCH AND DEVELOPMENT PROJECTS.

Descriptive Note : Technical rept., 1 Oct 66-1 Mar 67,

Corporate Author : AIR FORCE OFFICE OF SCIENTIFIC RESEARCH ARLINGTON VA

Personal Author(s) : Martino,Joseph P.

Report Date : 15 FEB 1967

Pagination or Media Count : 32

Abstract : The report presents the results of a study conducted by a tri-Service committee to devise a quantitative means for allocating resources among competing projects in the 6.1 (Research) and 6.2 (Exploratory Development) areas. A measure of utility is defined for various budget levels in a scientific or technological area, and marginal utility theory is applied to determine the optimum allocation among competing area, i.e. that allocation which purchases the greatest amount of utility for a fixed budget. (Author)

Descriptors :   (*DEFENSE SYSTEMS, *FEDERAL BUDGETS), (*DEPARTMENT OF DEFENSE, FEDERAL BUDGETS), SCIENTIFIC RESEARCH, COSTS, COST EFFECTIVENESS, MANAGEMENT PLANNING AND CONTROL

Subject Categories : Administration and Management
      Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE